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Can I add my bank account details or QR code on my e-commerce website?
09 Jul 2024 12.00 AM I 77 Views
Can I add my bank account details or QR code on my e-commerce website?
This Article is for stores running on Standard plan or higher
No, you cannot use your bank details or QR code directly for payment transactions on your e-commerce website.
A “Payment gateway” is needed for secure payment processing. It ensures transaction security, authorizes payments, supports various payment methods, integrates with platforms, and complies with industry regulations. A payment gateway is a safer and more efficient way to handle payment transactions.
Security: Payment gateways are designed to ensure the security of online transactions by encrypting sensitive information such as credit card details. Directly sharing bank account details or QR codes may pose security risks.
Transaction Authorization: Payment gateways facilitate the authorization of payment transactions by verifying the customer's payment information with the issuing bank. This helps prevent fraudulent transactions.
Multiple Payment Methods: Payment gateways support various payment methods, including credit/debit cards, digital wallets, QR codes, and UPI online payment options and cash on delivery.. This flexibility is crucial for accommodating diverse customer preferences
Payment Gateways : -
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